Skip to main content

Millennials leading switch from individual car ownership to mobility services

Uber
Image used with permission by copyright holder
After disrupting the taxi industry, ridesharing and other mobility services are beginning to disrupt the automobile and transportations industries as well. Among generations, millennials are leading the shift to mobility services, according to a new report from ReportLinker.

Ridesharing services have the greatest recognition. Other forms of mobility services exist, including ZipCar, which has been in operation since 2000. However, when consumers surveyed by ReportLinker were asked what came to mind when they heard the term “shared mobility service,” more than half (57 percent) responded with “Uber.” Uber’s brand-awareness is so successful that people named the company rather than ridesharing as a category.

Ridesharing, carsharing, and to a lesser extent bikesharing, often in conjunction with public transportation networks, are all contributing to transportation disruption. Ridesharing has the greatest disruptive role because more people have used a ridesharing service than the other mobility options. For example, 82 percent of those surveyed said they hailed a ride, but only 12 percent had used ridesharing.

Overall, Uber’s 97 percent had the highest name recognition, followed by Lyft with 75 percent, and ZipCar at 42 percent. Millennials had the strongest generational brand recognition, knowing Uber 98 percent of the time, Lyft 84 percent, and ZipCar at 49 percent.

Millenials also said that when going out for an evening with friends, they use ridesharing services 70 percent of the time. ReportLinker stated one factor in millennials’ ridesharing use is that fewer have their own cars. The survey found that while 91 percent of older generations are car owners, only 78 percent of millennials have their own wheels.

Ease of use is cited most often by ridesharing users as the top reason for using the service. Being able to open an app and summon a car to any location was favored by 68 percent of the respondents. Other top reasons included short waiting times (36 percent), overall efficiency of the experience (35 percent), and reduced cost (28 percent). The numbers add up to more than 100 percent because participants could choose more than one response.

Editors' Recommendations

Bruce Brown
Digital Trends Contributing Editor Bruce Brown is a member of the Smart Homes and Commerce teams. Bruce uses smart devices…
Mercedes-Benz G580 first drive: old-school off-roader goes electric
2025 Mercedes-Benz G580 from three quarter view.

American car buyers mostly know Mercedes-Benz as a luxury brand. But for decades, the automaker has also produced the tough, rugged G-Class (also known as the Geländewagen or G-Wagen), an SUV not afraid to get its leather upholstery muddy. And now, this iconic Mercedes is going electric.

The 2025 Mercedes-Benz G580 with EQ Technology — the final name of the SUV previously known as the EQG — isn’t the first electric off-roader. The Rivian R1S and R1T and GMC Hummer EV have proven that electric powertrains and off-roading are a great combination. But the electric G-Wagen is different because it’s based on an internal-combustion model — and a very traditional one at that.

Read more
Honda believes hydrogen semi trucks will make the case for fuel cells
Honda hydrogen fuel-cell semi truck.

Honda remains committed to hydrogen fuel-cell vehicles, but the market for those vehicles remains limited. So Honda is looking at other uses for fuel cells -- including commercial trucks.

To show how that could work, Honda converted a semi truck to fuel-cell power, replacing its diesel engine with three fuel-cell modules. Together, the three modules produce a combined 321 horsepower, and can propel the truck to a top speed of 70 mph. There's enough onboard hydrogen storage capacity for a 400-mile range with a full load, Honda claims.

Read more
Mercedes-Benz G580 vs Rivian R2: Is the much cheaper Rivian actually better?
2025 Mercedes-Benz G580 from three quarter view.

Mercedes-Benz has finally taken the wraps off of the new "Mercedes-Benz G580 with EQ Technology." Yeah, it's a mouthful, but it's basically a new electric G-Wagon. It looks a lot like the G-Wagon you know and love, but with an electric powertrain and a battery. It's not the only electric SUV out there, however, and there are some great ones -- like the Rivian R2.

Both the Mercedes G580 and the Rivian R2 have a lot going for them, but they also approach the electric SUV slightly differently. Is one better than the other? I put the two head-to-head to find out.
Design
The approach that the two vehicles take to design is quite different -- and you might like one better than the other.

Read more